DRAM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0265%/8h= +29.0% APRnext payment +$2.65 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against Bybit−0.031%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.031%, 7d avg −0.006%

Together, before fees+0.001%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.024% cheaper against Bybit than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.006%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DRAMUSDT	62.239	0.0367	pay 0.0367% / 8h	6h 41m	$9.6M	$10.2M	100x
Short	Gate DRAM_USDT	62.220	0.0632	get 0.0632% / 8h	6h 41m	$8.2M	$3.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.031%Rate

Funding earned: $55.67
Price spread: −0.031% → −0.006%: −$2.41
Slippage, 4 orders: −$23.88
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $3.38
Costs to cover: 0.499%
Break-even: 6.6 days

Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	0.80 bp	6.9 bp −$7	13.0 bp −$130	127.8 bp −$12.8K	doesn't fit
Sell Gate live order book, 2 min ago	1.61 bp	20.8 bp −$21	26.2 bp −$262	29.5 bp −$2,951	61.1 bp −$30.5K

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX DRAM-USDT	0.0000%	8h	62.190	−0.079%	$675	$2.9M	10x	as long as short
HTX DRAM-USDT	0.0000%	8h	62.200	−0.063%	$28K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	62.200	−0.063%	$1.7M	$1.3M	10x	as long as short
Aftermath Perps DRAMUSD	+0.0034%	1h	62.207	−0.052%	$1K	$34K	5x	as long as short
Arcus DRAM-USD	+0.0040%	1h	62.200	−0.063%	$50K	$82K	10x	as long as short
Vest DRAM-USD-PERP	+0.0046%	1h	62.130	−0.175%	—	—	10x	as long as short
QFEX DRAM-USD	+0.0046%	1h	62.170	−0.111%	$1.0M	$78K	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	62.182	−0.092%	$253K	$444K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	62.156	−0.133%	$266K	$1.3M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	62.168	−0.114%	$2K	$15K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps DRAM-USD.P	+0.0050%	1h	62.160	−0.127%	$1.1M	$1.8M	10x	as long as short
edgeX DRAMUSDC	+0.0096%	4h	62.271	+0.051%	$151K	$297K	20x	as long as short
Pacifica DRAM	+0.0100%	1h	62.153	−0.138%	$76K	$42K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	62.150	−0.143%	$3.0M	$407K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	62.240	+0.002%	$22K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	62.210	−0.047%	$9K	—	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	62.210	−0.046%	$4K	—	10x	as long as short
Lighter DRAM	+0.0120%	1h	62.162	−0.124%	$965K	$1.0M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0152%	1h	62.390	+0.243%	$540K	$90K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0189%	8h	62.182	−0.091%	—	—	5x	as long as short
tradeXYZ xyz:DRAM	+0.0224%	1h	62.160	−0.127%	$81.8M	$37.5M	20x	as long as short
OKX DRAM-USDT-SWAP	+0.0227%	8h	62.210	−0.047%	$5.5M	$4.7M	50x	as long as short
Bybit DRAMUSDTlong	+0.0367%	8h	62.239	long leg	$9.6M	$10.2M	100x
Deribit DRAM_USDC-PERPETUAL	+0.0394%	1h	62.170	−0.111%	$13K	$3K	20x	as long as short
Bitget DRAMUSDT	+0.0418%	8h	62.220	−0.031%	$26.0M	$12.8M	20x	as long as short
Aster DRAMUSDT	+0.0478%	8h	62.203	−0.057%	$200K	$36K	20x	as long as short
Variational Omni DRAM	+0.0573%	8h	62.275	+0.058%	$2.4M	$757K	—	as long as short
Binance DRAMUSDT	+0.0605%	8h	62.187	−0.084%	$44.6M	$82.0M	50x	as long as short
MEXC DRAM_USDT	+0.0606%	8h	62.180	−0.095%	$9.7M	$5.9M	100x	as long as short
Extended DRAM-USD	+0.0608%	1h	62.193	−0.074%	$75K	$663K	10x	as long as short
GRVT DRAM_USDT_Perp	+0.0608%	8h	62.242	+0.004%	$37K	$152K	10x	as long as short
Gate DRAM_USDTshort	+0.0632%	8h	62.220	−0.031%	$8.2M	$3.4M	75x
RISEx DRAM/USDC	+0.0835%	1h	62.212	−0.043%	$449K	$503K	20x	as long as short
BloFin DRAM-USDT	+0.0951%	8h	62.380	+0.227%	$301K	$26K	20x	as long as short